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Technology Stocks : Gateway (GTW)

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To: wolfdog2 who wrote (4761)	11/17/1997 9:25:00 AM
From: Cosmo Daisey	Read Replies (2) of 8002

WD2, Today the CEO of CPU (what a dork) announced their entry into the sub 1000 market, thats right, he called it the sub 1000 market. The interviewer didn't know what he was talking about. When it became clear that he was talking about a computer from CPU at less than $1000 then the interview got interesting. They are feeling pressure from IBM because of their $999 full featured PC. When pressed he revealed plans for a under $500 PC in the near future from the major brands with a scale down of features but a fully functional PC that would fill the bill for most first time home users. Last week on CNBC they were talking about a Cyrix based under $500 computer with full features necessary for plug and surf that home users are looking for. The WebTV is dead, the $500 PC is around the corner. GTW hasn't announced the price step to $999 yet and the majors are already talking about the next step to $500. This is going to be interesting. Wolf, I don't think the $500 CPU will be the same as the $1355 machine you just bought but who knows in this deflating PC price war. Coz

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